SE-financial services outfit, First Capital Zimbabwe Limited has recorded an 82% uptick in total income to ZW$26 billion during the third quarter ended 30 September 2022 according to the Bank’s latest

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

The Zimbabwe dollar has sustained the recovery trend on formal market after firming by 5% on the latest auction market from ZWL4998.8352 during the previous week to ZWL4771.3854 during the week under

On July 28th, the Central Bank issued a circular outlining the resolutions reached during the monetary policy meeting held on that day to evaluate the efficacy of recent policy interventions implement

The Zimbabwe dollar has witnessed its first depreciation during the first trade in August after a period of five consecutive weeks of appreciation against the US Dollar according to the latest data fr

The Zimbabwe dollar experienced its most significant decline, not only after the disputed election but since the start of July, indicating a rise in the injection of Zimbabwe dollar liquidity into the

The Reserve Bank of Zimbabwe has maintained the bank policy rate at 150% according to the resolutions of the latest monetary policy committee held on September 26th, 2023. This decision comes even tho

The government has recently issued US$5 million worth of treasury bills (TBs) with a maturity yield of 90 days. These TBs are specifically intended for government programs and managing cashflow. As p

Zimbabwe’s ailing but massaged currency, the Zimbabwe dollar increased at a decreasing rate of 0.4% on the 24th of October 2023 on RBZ’s governed liberalized auction market rate. This marks the small

he government has partnered with Homelink, a financial services company, to address the ZiG cash crisis that has bewildered the economy. This crisis has led to a rounding up of previously valued produ

the Reserve Bank of Zimbabwe (RBZ) has announced its mid-term monetary policy statement, with no major shifts. The main bank rate remains unchanged, along with the interest rate corridor and statutor

The Reserve Bank of Zimbabwe (RBZ) has increased transaction limits for Zimbabwe Gold (ZWG) as per its latest circular. This adjustment follows a significant 43% devaluation of the ZWG in the week to

The Reserve Bank of Zimbabwe (RBZ) announced that the reserves backing the Zimbabwe Gold (ZiG), the fourth currency introduced in nearly a decade, have surpassed US$500 million, reaching US$509 millio

The Zimbabwe currency ZiG has experienced a significant depreciation of 47% year-to-date, marking one of the most substantial declines since its inception. The ZiG, introduced in April, was initially

The highest banking authority, Reserve Bank of Zimbabwe released its 1HY2025 Monetary Policy Statement on the 6th of February 2025, articulating monetary development and policies that will underpin th

The Zimbabwe Gold (ZiG) experienced a downward trajectory over two consecutive weeks, depreciating to 26.4072 against the US dollar on February 7, 2025, from 26.3656 on January 31, 2025, reflecting a

The Zimbabwe Gold (ZiG) persists in its slow decline, with March’s gradual erosion spilling into April 2025. The ZiG closed at 26.77 on 31st of March 2025 from 26.72 in the previous week against the

Zimbabwe’s Gold-backed currency (ZiG) hit fresh week-on-week lows in April 2025, dropping from 26.78 on April 4 to 26.81 by April 11, extending its record-breaking gradual slide. Since its debut on A

Government has repealed Statutory Instrument 81A of 2024, which penalised businesses for charging goods and services above the official exchange rate set by the Reserve Bank of Zimbabwe (RBZ). This p